Background: The event of Annual Meeting of Asian Export Credit Agencies (ECAs) started in 1996 with the initiation proposed by the Export-Import Bank of India, as a forum on macroscopic topics for Asian ECAs. Since its first convention in 1996, the Annual Meeting of Asian ECAs has been successfully held for nine times. With greater and greater attention paid by the governments of the member institutions, the Annual Meeting has been expanding itself to higher and higher level with the attending government officials coming from more and more important posts. At present, the Annual Meeting has gradually proceeded from abstract discussions to concrete issues and from macro-forum to concrete cooperation, developed into a remarkable regional financial conference in Asia.

Objective:

Members:
The Export-Import Bank of China
Japan Bank for International Cooperation
Export-Import Bank of Korean
Export-Import Bank of Malaysia Berhad
Export-Import Bank of Thailand
Export-Import Bank of India
PT. Bank Expor Indonesia
Philippine Export-Import Credit Agency

Organization of the Annual Meeting: The Annual Meeting is held every year, and is to be hosted by member institutions in turn in principle. The deputies for the meeting generally consist of the chairmen, presidents and persons-in-charge of member institutions. Upon the invitation of any member institution, the export credit agencies in other regions and countries can attend the annual meeting. For instance, the Export Financing and Insurance Corporation of Australia and Asian Development Bank have participated the meeting many times.

Topic of the Annual Meeting: There is no fixed theme for the annual meeting. Usually, based on the international and regional economic situation at the time, the host of each annual meeting will raise some proposals and make wide inquiry for suggestions and comments among all the members before the topic is finally decided. For example, the 1999 Annual Meeting mainly focused on the influence of the Asian Financial Crisis and the role that should be played by export credit agencies, while in the 2002 Annual Meeting, Export-Import Bank of Korea and Export-Import Bank of Malaysia Berhad introduced their respective experience in and measures of shaking off the shadow of the financial crisis.

Since its establishment in 1994, China Eximbank has been quite active in the activities organized by Asian export credit agencies with her participation in all the annual meetings. According to the decision made by the 9th Annual Meeting last year, China Eximbank hosted in Beijing the 10th Annual meeting on May 10-12 this year, with the theme of "Regional Economic Integration of Asia and Role of Official Export Credit Agencies." In order to express the importance attached by Chinese Government on the Annual Meeting this year while taking opportunity to spotlight that Chinese Government will make concerted efforts to carry out its diplomatic principles of "Neighbors are of principal importance" and "maintaining friendly, peaceful and prosperous neighborhood" on strengthening economic and trade cooperation with other Asian countries, Mr. Huang Ju, Vice Premier of China, met with the heads of the delegations attending the Annual Meeting and had a group photo taken to mark the occasion in the Great Hall of the People on the morning of May 11, 2004, which served, at the same time, a favorable occasion to broadcast the great achievements made by Chinese Government in her open-up reform, to upgrade further the foreign governments and international financial institutions of their understanding on China and to promote their mutual exchanges with China for a strengthened economic cooperation in the region.